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5540 Johnston St
Lafayette, LA 70503
Aspen Dental & Stanton Optical | Corp NNN · Retail Property For Sale
Investment Highlights
- Two-Tenant Offering | 100% Occupied | NNN Leased | Scheduled Rental Increases
- Stanton Optical Corp Guaranty: 7+ yrs remain in initial term w/ 2 (5-yr) options to extend & 10% rental increase approx 09/23 & beginning each option
- Signalized, Hard Corner Intersection | U.S. Highway 167 | Excellent Visibility & Access
- Aspen Dental Corp Guaranty: Approx 7-yrs remain in initial term w/ 3 (5-yr) options to extend & 10% rental increase in 01/23 & beginning each option
- Dense Population in 5-Mile Trade Area | Healthy 3-Mile Incomes
- Across from Acadiana Mall | Strong National/Credit Tenants | Direct Consumer Base
Property Facts
Property Type
Retail
Property Subtype
Building Size
7,844 SF
Building Class
B
Year Built
2018
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.12 AC
Zoning
CH - Commercial Heavy
Parking
40 Spaces (43.06 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 6051814 | Improvements Assessment | $170,814 |
| Land Assessment | $58,492 | Total Assessment | $229,306 |
Property Taxes
Parcel Number
6051814
Land Assessment
$58,492
Improvements Assessment
$170,814
Total Assessment
$229,306
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